Related Articles

Moodys Analytics Economist Mark Zandi put the kibosh on the low-to-no-yield mantra thats been dogging investors and money managers at the National Association of College and University Business Officers Endowment Management Forum this year, saying Treasuryyields are on track to yield as much as 5% in three years.

Zandi went on to predict the economy will grow to 4% between 2014 and 2015 and add as many as three million jobs as early as 2014 thanks, in part, to the massive deleveraging thats taken place since 2008. The U.S. growing independence from foreign energy providers and a new role as a service provider for emerging markets, Zandi noted, will add some juice to hit full employmentdefined as a 5% unemployment rateby 2016. He was quick to add all his views depend on what happens in a government increasingly marked by brinksmanship and gridlock. The key is that D.C. gets it together, he said.

Others, such as Brookings Institution CIO Catherine Piez, were skeptical. Economists tend to be right 49% of the time, she said in a later panel.